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Cambay PSC Update

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Synergia Energy Limited has provided an update on its Cambay PSC operations in India, reporting that the C-78 well showed gas during clean-up and testing and is now under observation for pressure monitoring. Workover operations on the C-64 and C-74 wells have stabilized aggregate production at approximately 40 barrels of oil per day gross.

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Subsequent to the drilling and casing operations, the C-78 well was perforated over a 5 meter interval in the Oligocene OSII zone. The well showed gas during clean up and testing operations. The well is currently under observation to monitor pressure behaviour, which will help in subsequent technical studies and operational planning for future gas monetisation from C-78.

Workover Operations:

As a result of the workover operations, production has stabilised at an aggregate level of circa 40 bopd (gross) from the C-64 and C-74 wells.

For and on behalf of Synergia Energy Limited

Roland Wessel

CEO

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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